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NOTICES
Notice No.   20230110-19   Notice Date   10 Jan 2023
Category   Corporate Actions   Segment   Equity
Subject   Scheme of Arrangement - Issue of NCRPS by Music Broadcast Limited (Scrip Code 540366)
 
Content

Trading Members of the Exchange are hereby informed that, Pursuant to the Scheme of Arrangement as approved by the Hon'ble National Company Law Tribunal, Mumbai Bench,   Music Broadcast Limited has fixed  Record Date for the purpose of determining the eligibility of Non-Promoter Shareholders holding Equity Shares of the Company to receive by way of Bonus Non Convertible Redeemable Preference Shares ("NCRPS")  of the Company  as per details given below:- 

COMPANY NAME

CODE

RECORD DATE

PURPOSE

EX-ENTITLEMENT DATE &

SETT. NO.

Music Broadcast Limited

 

(540366)

13/01/2023

 

As per the Scheme of Arrangement as approved by the Hon'ble National Company Law Tribunal, Mumbai Bench : -

 

To determine the Non-Promoter Shareholders of the Company who will be entitled to receive Bonus NCRPS of the Company in the ratio of 1:10  i.e.   One NCRPS for every Ten Equity Shares as on Record Date of the Face Value of Rs.10/- (Rupees Ten) issued at a premium of Rs.90/- (Rupees Ninety) per NCRPS carrying a dividend of 0.1% (Zero Point one percent)

13/01/2023

DR- 698/2022-2023

 

 

 

Trading Members of the Exchange are requested to take note of it.

 

 

 

Marian Dsouza

Senior Manager –Listing Operations (CRD)

January 10, 2023